Storage Location
Last updated
Last updated
To set up a storage location in CW Suite Purchase, you will need to provide the following details: Value, Name, Storage Capacity, In Transit Location, Allow Negative Stock, and Assign Storage Bin and Storage Group.
Here's what each of these entails:
Value: Assign a unique identifier or code to the storage location. This value is used for reference and identification purposes within the CW Suite Purchase system.
Name: Provide a descriptive name for the storage location that accurately represents its purpose or location within the business. This name helps users easily identify and differentiate the storage locations.
Storage Capacity: Specify the maximum storage capacity of the location. This can be measured in terms of units, volume, weight, or any other relevant metric that indicates the available space in the storage location.
In Transit Location: Indicate whether this storage location is designated for products or items that are currently in transit or awaiting transportation. This distinction helps in tracking and managing inventory effectively, ensuring that these items are not counted as part of the available stock.
Allow Negative Stock: Determine whether the storage location allows for negative stock. This refers to whether items can be stored in quantities exceeding the available stock or if negative stock levels are not permitted.
Assign Storage Bin and Storage Group: Optionally, you can assign specific storage bins and storage groups to the storage location. Storage bins are smaller divisions within the location where items can be organized, while storage groups are larger categorizations for grouping related items together. These assignments help optimize inventory management and streamline picking and storage processes.